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Sale of the Generation Park Y

Category: Investment Deal of the Year, CEE
Generation Park Y is a 38-storey building (140 meters) crowning of Skanska’s largest office development project in Warsaw situated at Rondo Daszyńskiego (Wola District), with a total leasable area of around 88,000 square meters. It is not only Skanska’s first skyscraper in CEE but also a great example of the company’s commitment to ESG. The tower has a leasable area of 47,600 square meters, and 100% of its office space is leased for ten years to leading Polish insurance company PZU for its headquarters. Generation Park Y, which was completed in the first quarter of 2021, was designed and built according to ESG principles in line with environmental and social aspects. It has already received recognitions to prove this in the form of: the LEED Core & Shell Platinum certificate, WELL Health & Safety Rating, WELL Gold Core & Shell. Generation Park Y is also applying for and Building without Barriers certification.

Generation Park Y is a landmark scheme with prestigious certificates in Warsaw and one of the best examples of the Swedish developer’s sustainable approach to designing and constructing office buildings. Thanks to innovative solutions such as green concrete, energy-efficient devices, and gray and rain-water recovery system, Generation Park Y entails using low consumption of resources. The building uses 100% renewable energy. A quarter of the materials used to build Generation Park Y contain recycled components. Apart from sustainable solutions, the Generation Park Y project stands out for its double-height sky-offices, a 15-meter-high green wall with more than 6,000 plants installed in the lobby, and a terrace on the highest level which offers a fantastic view of Warsaw.
Seller, plus brief information about the company Seller: Skanska commercial development business unit in CEE

Skanska commercial development business unit is a leading office developer in the CEE and operates in four countries: Poland, Hungary, Romania and the Czech Republic. It uses knowledge & foresight to shape the way people live, work, and connect. Together with our customers, partners and the collective expertise of our teammates, we create future-proof and sustainable places and solutions that support healthy living beyond our lifetime. Skanska's office projects are certified in the LEED, WELL Core & Shell, and WELL Health-Safety Rating systems.
Purchaser, plus brief information about the company Buyer: HANSAINVEST Real Assets


HANSAINVEST Real Assets stands for sustainable investments in real estate and infrastructure for institutional investors.  HANSAINVEST Real Assets offers various investment solutions including special funds (special AIF). Company’s broad range of services extends from acquisitions and sales to project development right through to asset management and portfolio management.
Seller, plus brief information about the company
Seller: Skanska commercial development business unit in CEE

Skanska commercial development business unit is a leading office developer in the CEE and operates in four countries: Poland, Hungary, Romania and the Czech Republic. It uses knowledge & foresight to shape the way people live, work, and connect. Together with our customers, partners and the collective expertise of our teammates, we create future-proof and sustainable places and solutions that support healthy living beyond our lifetime. Skanska's office projects are certified in the LEED, WELL Core & Shell, and WELL Health-Safety Rating systems.
Purchaser, plus brief information about the company
Buyer: HANSAINVEST Real Assets


HANSAINVEST Real Assets stands for sustainable investments in real estate and infrastructure for institutional investors.  HANSAINVEST Real Assets offers various investment solutions including special funds (special AIF). Company’s broad range of services extends from acquisitions and sales to project development right through to asset management and portfolio management.

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  • Category Sponsor Investment Agency Team of the Year, Poland

  • Category Sponsor Warehouse Developer of the Year, CEE

  • Category Sponsor Construction Management Company of the Year, Poland

  • Category Sponsor Investor of the Year, CEE

  • Category Sponsor Financing Provider of the Year, CEE

  • Category Sponsor The Real Estate Personality of the Year, Poland

  • Category Sponsor ESG Real Estate Leader of the Year, CEE

  • Category Sponsor Real Estate Construction Company of the Year, Poland

  • Category Sponsor Real Estate Construction Company of the Year, Poland

  • Category Sponsor New Office Building of the Year, CEE

  • Category Sponsor Property Management Company of the Year, Poland

  • Category Sponsor PRS Investor of the Year, CEE

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  • Category Sponsor Office Developer of the Year, CEE

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